This module focuses on the functions of transport and its contribution to the national economy. The purpose is for a student to develop the ability to apply principles of supply and demand to the transport sector; as well as the intellectual competency to be able to analyse the relationships between transport facilities, economic growth and development and between transport costing and tariff setting. The Transport Economics 1 module will enable a student to reflect on the transport function in the field of supply chain management; and the student should be prepared for a career in the transport field.
What You Will Learn (Learning Outcomes)
Upon completion of this module, students will understand and apply transport economics, management, and regulatory principles within the transport industry. They will analyse the roles of key transport stakeholders and evaluate the industry’s contribution to national economic growth and development. Students will develop strategic plans for road transport operations and assess investment opportunities within the transport sector. They will also evaluate customer satisfaction, service delivery, and performance measures to improve the efficiency and effectiveness of road freight operations.
Entry Requirements
Assessment & Certification
• Assignment 1 = 70%
• Assignment 2 = 30%
• Examination per module counts 70% of the final module mark.
• Open Learning Group (OLG)
Career Opportunities
• Transport Manager
• Road Freight Operations Manager
• Transport and Logistics Consultant
